1 juil. 2010 effect on growth low growth—for reasons unrelated to debt—could also lead to high debt
1 juin 2015 But they are not the dominant factors for countries that are near full employment and enjoy considerable fiscal space (even in some cases.
8 nov. 2000 Arguments in favour of more co-ordinated public debt issuance focus on improving the efficiency of euro-area financial markets ...
The German government debt-to-GDP ratio rose by an additional 17 percent- age points following the recent financial and economic crisis; this prompted the.
the Manual on Government Deficit and Debt — ESA Implementation (MGDD). technical and economic reasons (such as scale of economy) it will normally be ...
Italy's public finances improved in 2018 as the general government deficit declined to. 2.1 percent of GDP
5 août 2011 Vulnerabilities Associated with the Profile of Public Debt . ... factors have been limited to 11 countries (13 percent of the sample).
3 nov. 2021 unchanged pending the Debt Office's analysis of the strategic foreign currency exposure of the central government debt. One reason for doing.
any reason to distinguish between foreign and domestic debt? 104. Page 3. The measure of public debt usually discussed is gross debt (i.e.
22 déc. 2014 Laeven and Valencia (2014) for a collection of analyses on the causes
These phenomena should reduce the cost of public borrowing for two reasons: 1) an increase in asset demand by foreigners reduces interest rates and the cost of issuing public debt; and 2) global- ization expands the market for safe assets thereby reducing the marginal interest rate response to additional public debt issuance
Public debt data include both the money that has been borrowed from private investors and that which has been borrowed from the central bank— although as discussed this is not really
Rising Government Debt: Causes and Solutions for a Decades-Old Trend Pierre Yared NBER Working Paper No 24979 August 2018 Revised January 2019 JEL No D02E62H21H6 ABSTRACT Over the past four decades government debt as a fraction of GDP has been on an upward trajectory in advanced economies approaching levels not reached since World War II
Good debt management encompasses sound risk and cash management effective coordination with ?scal and monetary policygood governanceand ade- quate institutional and staff capacity With these in place governments can develop and implement effective medium-term debt management strategies
Our data allow us to look at the impact of household non-financial corporate and government debt separately 1Using variation across countries and over time we examine the impact of the movement in debt on growth 2 Our results support the view that beyond a certain level debt is bad for growth